Trane Technologies plc (TT) fair value analysis
S&P 500 · Updated 2026-10-19
TT price how computed
Forward Fair Value verdict
Fairly valuedTT is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $476.98
- Sector
- Industrials
- 12-month range
- $376.43–$503.46
- Market cap
- $105B
- From 52-week high
- -5.3%
- Shares outstanding
- 220M
- Rank in Industrials by discount to fair value
- #55 of 106
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Trane Technologies plc is a global provider of climate control and building systems, including heating, ventilation, air conditioning, and refrigeration equipment and services. The company operates worldwide, serving customers across residential, commercial, and industrial markets in numerous countries.
TT currently ranks #55 of 106 Industrials stocks by discount to fair value. It has screened as Fairly valued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $105B
- P/E (trailing)
- 35x
- Revenue (TTM)
- $22.2B
- Net margin
- 13.3%
- EPS (TTM)
- $13.68
- Gross margin
- 35.6%
- Debt / equity
- 0.53
- Revenue growth (3-yr avg)
- 10.0%
- Shares outstanding
- 220M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Stable
- 52-week position
- The top quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 61 · neutral
- 50-day average
- $455.07
- 200-day average
- $451.68
- Moving-average state
- 50-day above 200-day (golden cross state); price above both averages
Dividends how computed
- Paid, last 12 months
- $4.09 per share (4 payments)
- Yield on last price
- 0.86%
- Consecutive years of increases
- 4
- Next ex-dividend date
- 2026-12-04
- Last payment date
- 2026-09-30
Earnings how computed
- Next earnings report
- 2026-10-29 (pre-market)
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+0.9%)
2026-03 ▲ beat (+4.0%)
2025-12 ▲ beat (+1.8%)
2025-09 ▲ beat (+2.6%)
2025-06 ▲ beat (+2.4%)
2025-03 ▲ beat (+11.4%)
2024-12 ▲ beat (+2.8%)
2024-09 ▲ beat (+4.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 15 buy · 10 hold · 0 sell (25 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $529
- Target vs last price
- +10.9%
What our data shows for TT
- Our model validated 17 trailing price-to-earnings windows for TT, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $376.43–$503.46.
- The 14-day relative strength index sits at a neutral 61.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for TT
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent TT news
TickrTrends' derived news-sentiment signal for TT is currently leaning positive, computed from recent coverage.
- Trane Technologies (TT) to Acquire Cancoil Thermal, Shares Rise 2.17% (gurufocus.com, 2026-10-21)
TickrTrends take: Trane Technologies announced an acquisition of Cancoil Thermal, which prompted a market response of a 2 percent share price increase. Given TickrTrends' current assessment that TT trades at a fairly valued level within the Industrials sector, investors monitoring valuation should track whether this acquisition creates meaningful synergies that justify the purchase price or whether integration costs materially impact near-term earnings. The fairly valued designation suggests limited margin of safety at current prices, making the execution and financial impact of this deal particularly relevant to the investment thesis. - TT Maintained by Mizuho -- Price Target Raised to $485 (gurufocus.com, 2026-10-15)
TickrTrends take: Mizuho's price target increase to $485 for TT suggests analyst confidence in the company's prospects within the Industrials sector, though the Fairly valued assessment from TickrTrends indicates the market has already priced in much of the positive outlook. Investors focused on valuation metrics should monitor whether TT's fundamentals justify further appreciation beyond the analyst's target or if current pricing already reflects the improved outlook. The gap between analyst targets and TickrTrends' fair value rating suggests limited margin for error if company execution falters or sector headwinds intensify. - TT Upgraded by Goldman Sachs -- Price Target Raised to $565 (gurufocus.com, 2026-10-14)
TickrTrends take: Goldman Sachs raised its price target for TT to $565, which provides a reference point for evaluating whether the stock's current market price aligns with or diverges from this analyst estimate. Given that TickrTrends currently rates TT as fairly valued within the Industrials sector, investors focused on valuation should monitor whether the stock trades toward the Goldman Sachs target or remains anchored near its fairly valued assessment. The upgrade may influence how the market perceives TT's fundamental value, making it important to track whether the fairly valued designation shifts as new information and analyst views integrate into the stock's pricing.
More TT news
- Goldman Sachs Upgrades Trane Technologies (TT) Amid HVAC Sector Divergence (gurufocus.com, 2026-10-14)
- Trane Technologies plc declares $1.05 dividend (TT:NYSE) (seekingalpha.com, 2026-10-07)
- Trane Technologies (TT) Unveils 800-Volt DC Cooling System for AI and Data Centers (gurufocus.com, 2026-09-30)
- A Look at Trane Technologies PLC (TT) After 3.6% Gain -- GF Value $450.45 vs Price $454.44 (gurufocus.com, 2026-09-25)
What people are saying
Follow the TT conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for TT show that the company's valuation verdict shifted from Fairly valued to Undervalued this week. This change reflects the latest assessment of TT's valuation metrics within the Industrials sector.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is TT stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), TT is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is TT's TickrTrends verdict?
TT's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does TT compare to other Industrials stocks?
TT ranks #55 of 106 Industrials stocks in TickrTrends' coverage by discount to fair value.
Is TT overbought or oversold?
TT's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does TT pay a dividend?
Yes. TT paid $4.09 per share over the last twelve months (4 payments), a 0.86% yield on TickrTrends' last price, and has raised the annual total for 4 consecutive years. The next ex-dividend date on file is 2026-12-04.
When does TT report earnings next?
TT's next earnings report is scheduled for 2026-10-29 (pre-market), per the published earnings calendar.
Does TT usually beat earnings estimates?
Over its last 8 reported quarters TT beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about TT?
Of 25 analysts covering TT, 15 rate it a buy, 10 a hold and 0 a sell - buy-leaning, with a consensus price target of $529 (+10.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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